Visa (V) : Traders are bullish on Visa (V) as it has outperformed the S&P 500 by a wide margin of 3.45% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.79%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.12% in the last 1 week, and is up 3.23% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.92% and the fifty day Moving Average is 3.18%. Visa Inc. is up 1.32% in the last three month period. Year-to-Date the stock performance stands at 4.46%.
Visa (V) : Average target price received by Visa (V) is $90.77 with an expected standard deviation of $5.8. The most aggressive target on the stock is $100, whereas the most downbeat target is $77. 17 financial analysts are currently covering the stock.
Visa (NYSE:V): stock turned positive on Friday. Though the stock opened at $80.62, the bulls momentum made the stock top out at $81.14 level for the day. The stock recorded a low of $80.17 and closed the trading day at $80.57, in the green by 0.31%. The total traded volume for the day was 7,932,220. The stock had closed at $80.32 in the previous days trading.
Visa Inc. is a payments technology company. The Company is engaged in operating a processing network, VisaNet, which facilitates authorization, clearing and settlement of payment transactions across the world. The Company provides its services to consumers, businesses, financial institutions and governments in more than 200 countries and territories for electronic payments. The Company offers fraud protection for account holders and rapid payment for merchants. The Company provides a variety of payment solutions that support payment products that issuers can offer to their account holders, such as pay now with debit, pay ahead with prepaid or pay later with credit products. The Company offers a suite of digital, eCommerce and mobile products and services.